Subarnarekha River is the smallest of the major inter-state river basins in India with a total catchment area of 19,296 km2. In Jharkhand it passes through some of the most important industrialised belts of India. Ranchi, Jamshedpur and Ghatsila are some of the populated areas located along the course of the river. The Villages situated nearby the river use its water for various daily needs as other alternative sources are lacking. Many mining and processing units are located along the basin as it is rich in mineral deposits. Quarrying of the river bed for construction material and encroachment of the river bed are some of the recent problems that can be seen here. Preparation of current heavy metal profile of the Subarnarekha River water becomes very important for ecological purposes under the above mentioned situations. The objectives of the present study are a step in this direction to prepare the most recent heavy metal pollution index of the Subarnarekha River and to evolve the sources of heavy metals through various multivariate statistical techniques to assess the impacts of various agencies on it. Heavy metal concentrations recorded in some of the rivers around the world are presented in Table 1.